Civic Intelligence

Bright Hope Inc.

990EZ • Fiscal year 2022 • EIN 42-1629426

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 12, 2023

Organization Profilewww.brighthope247.org
PO Box 81Lynchburg, VA 24505

(434) 401-2636

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

37th percentile

-1.2%

Higher net margin than 37% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$13,530

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 15.5% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

99th percentile

1499%

Faster asset growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

78th percentile

69%

Faster revenue growth than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$24,733

Up $23,186 (+1499%) from 2021

Net Assets

Up

$24,733

Up $23,186 (+1499%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin37th percentile

Revenue

Up

$87,081

Up $35,532 (+69%) from 2021

Expenses

Up

$88,169

Up $34,618 (+65%) from 2021

Net Income

Up

-$1,088

Up $914 (+46%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30K$20K$10K$0Assets 2021: $1,547Net Assets 2021: $1,5472021Assets 2022: $24,733Net Assets 2022: $24,7332022Assets 2023: $12,669Net Assets 2023: $12,6692023

Highlighted filing

2022

Assets$24,733
Liabilities-
Net Assets$24,733
Open 2022 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2021: $51,549Expenses 2021: $53,551Net Income 2021: -$2,0022021Revenue 2022: $87,081Expenses 2022: $88,169Net Income 2022: -$1,0882022Revenue 2023: $53,192Expenses 2023: $52,633Net Income 2023: $5592023

Highlighted filing

2022

Revenue$87,081
Expenses$88,169
Net Income-$1,088
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 12, 2023
Return Version
2022v5.0
Gross Receipts
$87,081
Mission and Program Overview

Mission

Educational Learning Facility for children and families

Program Services

DescriptionGrantsExpenses
Educational day care and before and after school tutoring and mentoring program for ages 3 - 12. Provided educational summer camps, food, clothing and resources to families in need. Provided volunteers to local schools.--
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Patric a J Braxton Executive DirectExecutive DirectorFT$13,530-$13,530
Valerie Silas Board MemberBoard Member-$0--
Thurman E Jones SrBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Bright Hope Inc
EIN
42-1629426
Phone
4344012636
Address
PO Box 81, Lynchburg, VA 24505

Signing Officer

Name
Patricia J Braxton
Title
Executive Director
Phone
4344012636
Signed
2023-04-12
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

“Funds moved from Savings Account 24,678”

Form 990-EZ, Part I, Line 16, Other Expenses

“Meals and entertainment 496”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 1,086”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office Supplies and Equipment 4,732”

Form 990-EZ, Part I, Line 16, Other Expenses

“Vehicle 7,600”

Form 990-EZ, Part I, Line 16, Other Expenses

“Donation 300”

Form 990-EZ, Part I, Line 16, Other Expenses

“SBA Loan Payment 6,372”

Form 990-EZ, Part I, Line 20, Net Assets

“Amount moved to Savings 24,274”

Form 990-EZ, Part I, Section Other Expenses, Line 16

“Meal and Entertainment 495.78”

Form 990-EZ, Part I, Section Other Expenses, Line 16

“Donation 300.00”

Form 990-EZ, Part I, Section Other Expenses, Line 16

“SBA Loan Payment 6,371.83”

Form 990-EZ, Part I, Section Other Expenses, Line 16

“Office Expense 4,731.72”

Form 990-EZ, Part I, Section Other Expenses, Line 16

“Supplies 1,086.25”

Form 990-EZ, Part I, Section Other Expenses, Line 16

“Vehicle Expenses 7,600.32”

Raw XML Appendix162 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0Patric a J Braxton Executive Direct
CompensationExplanation/CompensationExplanationGrp/PersonNm1Valerie Silas Board Member
CompensationExplanation/CompensationExplanationGrp/PersonNm2Thurman E Jones Sr
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0Salary
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt1N/A
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt2N/A
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Change Me Ministries and Fellowship
IRS990EZ/BooksInCareOfDetail/PhoneNum04345284502
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02310 Fort Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lynchburg
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd024501
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01547
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024733
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt050000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1088
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/Form720FiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt024733
IRS990EZ/GrossReceiptsAmt087081
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01547
IRS990EZ/NetAssetsOrFundBalancesEOYAmt024733
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01547
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt024733
IRS990EZ/OccupancyRentUtltsAndMaintAmt036966
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0050.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt013530
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Patric a J Braxton Executive Direct
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Valerie Silas Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Thurman E Jones Sr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt024274
IRS990EZ/OtherExpensesTotalAmt020586
IRS990EZ/OtherRevenueTotalAmt024678
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Educational Learning Facility for children and families
IRS990EZ/PrintingPublicationsPostageAmt0140
IRS990EZ/ProgramServiceRevenueAmt012403
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Educational day care and before and after school tutoring and mentoring program for ages 3 - 12. Provided educational summer camps, food, clothing and resources to families in need. Provided volunteers to local schools.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0true
IRS990EZ/SalariesOtherCompEmplBnftAmt030477
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt088169
IRS990EZ/TotalRevenueAmt087081
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.brighthope247.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt024453
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt074453
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012403
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt027096
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt039499
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0113952
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt062403
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt051549
IRS990ScheduleA/Total509Grp/TotalAmt0113952
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt062403
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt051549
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0113952
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Funds moved from Savings Account 24,678
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meals and entertainment 496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Supplies 1,086
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Office Supplies and Equipment 4,732
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Vehicle 7,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Donation 300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SBA Loan Payment 6,372
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Amount moved to Savings 24,274
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Meal and Entertainment 495.78
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Donation 300.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SBA Loan Payment 6,371.83
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Office Expense 4,731.72
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Supplies 1,086.25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Vehicle Expenses 7,600.32
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Section Other Expenses, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Section Other Expenses, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Section Other Expenses, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Section Other Expenses, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part I, Section Other Expenses, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part I, Section Other Expenses, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Patricia J Braxton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum04344012636
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bright Hope Inc
ReturnHeader/Filer/BusinessNameControlTxt0BRIG
ReturnHeader/Filer/EIN0421629426
ReturnHeader/Filer/PhoneNum04344012636
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 81
ReturnHeader/Filer/USAddress/CityNm0Lynchburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024505
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02023-04-12T09:06:09-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Patricia
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Braxton
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,733
Liabilities
-
Net assets
$24,733
Revenue
$87,081
Expenses
$88,169
Net income
-$1,088
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$12.7$12.7$53.2$52.6$0.56
2022Detailed filing. Detailed filing data is available for this year.$24.7$24.7$87.1$88.2$1.09
2021Detailed filing. Detailed filing data is available for this year.$1.55$1.55$51.5$53.6$2.00